- Joined:
- Jun 25, 2010
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Gonna treat this like last March where I don't look at my account until June.Checks my TD account.
Gonna treat this like last March where I don't look at my account until June.Checks my TD account.
CNBC talking heads keep saying they want to talk about "real companies", as if GME is not an actual company.
The older, more institutional, investors are a weird bunch.
It feels like they are upset people are participating in the market.
This goes back to my gripe with them constantly hammering away with "Don't try to time the market."
Basically they feel they've built an adequate game where new players are welcome to buy institution curated stocks at small, but regular intervals, and then wait 10-20 years, all the while providing liquidity to the market that the institutional investors can capitalize on.
Instead, retail investors are fed up with their lot in life, and are gambling just as much as the big hedge funds, and it is pissing them off that small retail investors dare to swim in their end of the pool.
They are actually upset that new generations refuse to play into their rigged game.
Imagine if your Super Market was "rigged" so you walk in, gather your items, pay for them, and on the way out someone stops you, allows you to keep 10% of your items, and then you are forced out the door, leaving behind your money and most of your assets.
Now imagine the store whining to high heavens that you and your peers refuse to participate.... either refuse to shop there, or refuse to pay full price, or refuse to hand over any assets on the way out.
Lmao imagine if Walmart bitched at you for not allowing them to steal from you.... that's CNBC/Wall Street.
Gonna treat this like last March where I don't look at my account until June.
I fully invested now in my personal investments. So I have no more cash other than a small amount in my Roth I'm debating what to do with. I'm less risky in my Roth though, mostly in ETF's there.I'm gonna hold onto my cash for now and see where this goes. Maybe I get lucky like last year and get some great value.
I fully invested now in my personal investments. So I have no more cash other than a small amount in my Roth I'm debating what to do with. I'm less risky in my Roth though, mostly in ETF's there.
My individual account is mostly cannabis lol. I'm in a bit of tech, a bank, insurance company, and semiconductors.My ROTH is so diversified that even a bad day (so far) tends to move it more sideways. I have an individual account that has mostly tech in it that sees some pretty rough swings.
? imo all the haters, CNBC hacks, and HF shills are FAR more annoying than the WSB cult and their memes.
I'll take their memes all day over listening to some dickhead shill on CNBC pretend not to understand the mechanics behind what's going on here and clutch their pearls over retail "manipulation".
LOL these are up 40% today from when I bought.for 40.00 strike?
What premium did you pay for that?
I find all of it funny at this point.
I cashed out of GME and I am happy I did, but I cheer on the apes who keep at it.
They are funny.... CNBC pearl clutching is equally hilarious.
I love listening to Jim Cramer and the gang ***** up a storm every morning when they are forced to talk about stocks they don't prefer to talk about.... or when the talking heads are asked about Bitcoin and roll their eyes and heavy-sigh.
The financial markets and investment is changing finally and they are ultra pissed they may have to learn something new.
My individual account is mostly cannabis lol. I'm in a bit of tech, a bank, insurance company, and semiconductors.
Cramer is a fucking clown. **** that guy.
The 2 GME gamma squeezes have been very tempting but I'm holding out for the actual short squeeze.
For me, I'm either cashing out a multi-millionaire when it finally squeezes or I sit here and patiently wait for Cohen to pivot the company or I watch it go to zero. I honestly don't give a **** either way which makes it all the funnier listening to random people on the internet and TV pretend to care and fake concern over my finances.
Imagine going into a casino and lecturing people about how they're spending their money. ?
Like bro, why the **** do you even care?!? This is my play money **** off.
I love when they have to try to explain why they are concerned with the "meme" stocks.
They always struggle to find a way to differentiate what WSB traders are doing versus what institutional investors have been doing for decades.
And they almost always end with some thought about how retail investors are trading on margin and don't understand the risks and it will "end badly".
Badly? Like when the largest and supposedly most sophisticated investment banks risked our entire economy on derivatives and synthetic derivative nonsense?
Cuz unless WSB is somehow capable of crashing the entire global economy, I'd say we have bigger fish to fry.
Cramer is a former hedge fund guy himself. He is a paid puppet.
**** the institution and ya know what else?
The more you great folks here learn about the markets, the more you will see that this game is for all of us.
It's not that hard to learn and there is serious, life changing dollars to be earned for you and yours.
These assholes don't want you to know that. Because for years, it was their little party. And now it is being demystified and they are scared.
What used to work, isn't always working. And guys like Elon Musk are fucking up their worlds.
If you are timid to learn the markets, don't be. All the info is out there to learn.
Cramer is a former hedge fund guy himself. He is a paid puppet.
**** the institution and ya know what else?
The more you great folks here learn about the markets, the more you will see that this game is for all of us.
It's not that hard to learn and there is serious, life changing dollars to be earned for you and yours.
These assholes don't want you to know that. Because for years, it was their little party. And now it is being demystified and they are scared.
What used to work, isn't always working. And guys like Elon Musk are fucking up their worlds.
If you are timid to learn the markets, don't be. All the info is out there to learn.
I couldn't agree with this post more.
And personally I am doing exactly what you are describing.... the more I invest and trade the more I see what you described.
Once you can read charts, it's a wrap. Most stocks bounce off their EMAs and SMAs.I'm very interested in learning tech analysis so I can spot some of those trends and supplement my income. I've just been busy as hell. Still got to read that book you recommended to me.